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20121222
20121230
STATION
CNNW 7
CNBC 4
MSNBCW 2
WBAL (NBC) 1
WRC (NBC) 1
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English 15
Search Results 0 to 14 of about 15 (some duplicates have been removed)
CNN
Dec 23, 2012 7:00pm PST
? what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it could come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, it doesn't just matter what the senate does, don, the house would have to pass something. and whatever were to come out of the senate at this point would require not jus
MSNBC
Dec 26, 2012 6:00am PST
removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in term
MSNBC
Dec 27, 2012 10:00pm PST
see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bill passed with ome democratic votes and despite this repeated calls for the house to pass it. he knows that he himself is the reason it can't happen. the paperwork never left the senate. i said at that time we knew it didn't pass constitutional muster. it has one procedural rule for congress that all tax bills must reg nate in the house of representatives. of course they can do what they want. there is a niss of ways in which they have got ten around this thing in the past. as to why they are not passing the ball. if this is what he is clinning to now, it is like he is not clinging to much. >> this is a chamber that has not seen is some of the greatest offereds come through it. and here he is saying the paperwork has yet to leave the senate. >> and he also knows that it is silly. yes, that particular big cannot be taken up in the house. but sandy levin has a bill that is i'd wall. all bhoehner has to do is make those changes on the noor. the idea that
CNN
Dec 27, 2012 11:00am PST
of legislation would look like and reports they got from republicans and the president told mitch mcconnell that he would get the details. that's where from the perspective of republicans where things stand. the president publicly said before he left for his vacation in hawaii since everything else was deadlocked, despite everybody's efforts, because of that what he wants to happen is for the very least for congress to pass a tax cut extension for 98% of americans. his plan which he campaigned on for five years. mitch mcconnell spoke to the president as did the other leaders before the president left hawaii. what mcconnell aide is still saying is that the impression he got is that the white house would or at least some democrat whether it's the white house or harry reid's office would provide the details of what that legislation would look like. they said with tongue firmly in cheek, we checked in a process conference and it can't get through the senate. we need to see if anything will get done and at the same time jessica is hearing from white house sources, i am hearing for democratic sou
CNBC
Dec 28, 2012 4:00pm EST
get past this fiscal cliff, boehner and mitch mcconnell have made it clear the president wants a debt ceiling increase of any amount, like $1 trillion, he has to find $1 trillion in savings. >> well, according to corker and alexander, this is $1 trillion in savings from the medicare program if you do what they are suggesting here. >> all from spending, i hope? >> that's what they are saying. >> if it's all from spending, that's something we could do as part of the debt ceiling. that -- that's a fine suggestion. it -- it just shouldn't be confused with the present mess this week. >> but, they are adding this to the conversation if -- i mean, obviously we're not going to get something comprehensive before december 31, but as the talks continue, assuming they do into january, maybe even longer as we get closer to the debt ceiling, is this a kind of a compromise that you can accept on the other side? >> yes. it is very clear that boehner and mitch mcconnell have made clear, if the president wants a dollar of debt ceiling increase, we need to cut spending a dollar, and that goes for $1 tri
CNN
Dec 27, 2012 11:00pm PST
of that stopgap, scaled down version. in fact, mitch mcconnell himself said in the hallway, just moments ago, that he does expect to go to the white house, as jessica just alluded to. he expects to do that tomorrow. they haven't gotten a formal invitation tomorrow. there's no time set for this meeting tomorrow, but mitch mcconnell says he does expect to go. and so that really does speak to the next move, tomorrow. >> well, that is good news. that is good news, senator mcconnell going to the white house tomorrow, hopefully. but i'm going to ask you about the house of representatives, dana. right now they've been called back to washington, not until sunday, december 30th. now, 48 hours before the fiscal cliff goes over, is that really enough time to get legislation passed, if there's a real deal on the table? >> reporter: is it enough time? probably. if there's really something that is going to pass the senate, and this is a big if, as jessica said, the oddsmakers are definitely seeing the fiscal cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be
CNN
Dec 29, 2012 10:00am PST
on a bipartisan deal ostensibly with his republican adversary mitch mcconnell. >> -- engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> well, if the senate manages to reach a compromise, the hope is that the house would follow. that's option one. the green one. option two is less certain. president obama reportedly challenged congressional leaders from both parties on friday to come up with a deal better than the one he proposed. the center piece of which is that the top marginal tax rate will increase for those earning $250,000 or more from 35% to 39.6%. that's only on the amount earned above that threshold. obama has told congress either they come up with something better or put his proposal to a vote. he's betting even those who hate the idea of a tax increase on the rich will hate causing america to go over the fiscal cliff even more. okay. option three. that's the red box. that's one where ame
CNBC
Dec 28, 2012 6:00am EST
reid was just -- wasn't he great yesterday talking about mitch mcconnell and the republicans? no budget. >> and more than 14,000 longshoremen could go on strike this weekend because of a contract dispute. a walkout would close cargo ports. some estimates say a strike could cost the economy $1 billion a day. which would add up. it would kind of counteract the 85 billion. but bernanke is doing 2 billion a day, right? >> more. >> 2.5, yeah. so that would take away -- we could easily rachet it up. unless the printing presses overheat at that point. let's check on the markets this morning. the futures were indicated lower based on angst. there it is worse. it was down 40 earlier, not out 62. they were down 150 at one point. came back down to 18. we're somewhere. >> between there. let's check out some of these other boards that maybe we missed in the last hour. europe, europe is even moving on angst about the fiscal cliff or that stuff in japan. i don't know. very close. it's one or the other. let's check out asia. asia is actually up this morning. and then let's check out the oil board. oil
CNN
Dec 22, 2012 9:00am PST
minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary situation. thank you very much. try to enjoy hawaii and aloha to you. >> reporter: aloha. [ bells tolling ] >> yesterday much of the country paused to remember the newtown shooting victims. church bells rang out exactly one week after the tragedy began. flags remained at half-staff. even many websites went dark. and people all over the country observed a moment of silence for the 20 children and 6 teachers and administrators. today there's a walk for peace in newtown where three more children will be laid to rest. aina grace marquez. greene, who loved to sing. josephine grace gay, who had just celebrated her 7th birthday, and emilie alice parker, who was bright, creative, and very
CNN
Dec 28, 2012 9:00pm PST
24 hours would be very important as he and mitch mcconnell put together something that would pass both of their caucuses. and then of course it would have to go to the house. the majority leader harry reid said he's readying a bill for a vote on monday to prevent a tax hike on incomes up to $250,000. senator reid said his bill will include unemployment benefits, a continuation of those. that would be sort of the plan b for democrats simply because what they would rather do is get a bill with senator reid working in conjunction with senator mcconnell. senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-te
NBC
Dec 29, 2012 7:00am EST
and a significant number of republican senators vote for it, if mitch mcconnell makes it happen, then republican in the house would see that there's a bipartisan deal on the table, and they would not likely turn it down. that is to say the leadership would put it on the floor. it would pass with many democratic votes, not a majority of republican votes, but a significant number of them, and john boehner would likely having been jammed by his own membership on plan b would probably not block that. at least that's the calculation and the hope by those negotiating this deal. >> john, this is one of those moments where everyone's scratching their heads and wondering why this is always so difficult. why is deal-making such a laborious process in congress. you make the point that it's been building up the last generation or so. >> it has been, and it's gotten to a point now where you have the ideological divisions overlapped with the partisan ones. you have a conservative republican party, liberal democratic party, and the patterns of opposition, a permanent warfare between the two make it very diffic
CNN
Dec 24, 2012 4:00am PST
, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think now he does. the reason is he needs an excuse for the next four years of failure. blaming it on bush doesn't work very much. the regulations and spending he's put on the economy for the next four years is going to put us in recession regardless of the fiscal cliff. >> to be fair, i'm told there are a number of republicans, especially in the house, who want to go over the cliff for the reason i explained, that they'd much rather vote for a tax cut than a tax increase because they don't want to break your pledge. grover, thank you very much. appreciate it. >> no one should break their pledge. >> merry christmas. thank you, grover. >> merry christmas to you. >> ahead on "starting point,"
CNBC
Dec 24, 2012 6:00am EST
we go over, 30% chance we don't. i think a lot of it depends on mitch mcconnell, the senate minority leader, if he decides to allow a bill to move forward on the floor. >> is there anything going on behind the scenes that we don't know about? >> there is. the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how they get that done. >> my worry is we're not talking about early january, we're talking about late january. >> i think it's probably more mid january if we go over. because i think you'll see market reaction, and you'll see a lot of people freak out, and it's a problem. >> market reaction, would you think -- >> people still think it's, you know, we get a deal. last-minu
CNBC
Dec 24, 2012 9:00am EST
to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible
Search Results 0 to 14 of about 15 (some duplicates have been removed)